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1403 South Cherry Lane, For...

Updated Dec 18, 2023

Dalfen Industrial Acquires Industrial Property In White Settlement
SOLDIndustrial

Dalfen Industrial Acquires Industrial Property In White Settlement

1403 South Cherry Lane, Fort Worth, TX 76108

Building Size

98,666 SF

Asset Type

Industrial

Closing

May 22, 2020

About this deal

AI

A 98,666 square foot industrial property located at 1403 S Cherry Lane in White Settlement has been sold. The transaction took place on May 22, 2021. The property is situated in a thriving market and offers excellent opportunities for industrial use.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Market: White Settlement
  • Address: 1403 S Cherry Lane
  • Square Footage: 98,666

The buyer of this industrial property is Dalfen Industrial, represented by Sean Dalfen. Dalfen Industrial is a renowned company with expertise in the industrial real estate sector.

Players

Fort Worth Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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